Internet Saver Business
An online savings account for businesses.
- Base rate
- 2.25%
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Penalty Interest will be charged on overdrawn accounts. | 20% | — | — |
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 2.25% | Internet Saver Business_Tier_1 | monthly |
| Variable | 2.25% | Internet Saver Business_Tier_2 | monthly |
| Variable | 2.25% | Internet Saver Business_Tier_3 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| DIRECT_ENTRY_DISHONOUR Capped at $0.00 · Payable when a direct entry (inward and outward) is dishonoured. | Event | $9.00 |
| DOCUMENT_FEE Capped at $0.00 · $60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Account e.g. evidence of a Visa Debit Card purchase. | Event | $60.00 |
| MISCELLANEOUS_SERVICE_FEE Capped at $0.00 · $60.00 per hour. Payable if you request information not covered by the Document Fee. | Event | $60.00 |
| UNCLAIMED_MONIES_FEE Capped at $0.00 · The lessor $20.00 or account balance. Payable when an account is classified as dormant. | Cash advance | $20.00 |
| ONLINE_INTERNATIONAL_TRANSFER_(OUTWARD) Capped at $0.00 · Payable if you use online banking to transfer funds internationally. | Event | $30.00 |
| BECS_SPONSORSHIP Capped at $0.00 · Subject to approval if your business requests sponsorship within BECS. $500.00 upfront fee, $0.25 per non direct debit item for The Mutual Bank, $Nil per direct debit item for The Mutual Bank. |
Features
- Digital banking
- Account limited to Digital Banking only
- PayID
- Real-time payments (NPP)
- Unlimited transactions
- Notifications — Mutual Alerts - Balance, low and high balance, deposit, withdrawal
Eligibility
- Business customersA domestic business with an ABN or ACN where relevant (e.g. company, sole trader, partnership, association, trust)
Constraints
- Opening balance — $0.00
- Minimum balance — $0.00
More Information
Published by Maitland Mutual Limited under the Consumer Data Right · Last updated 30 June 2026 · Product ID Internet_Saver_-_Business · View on CDR.gov.au